Property Description
Doherty & Doyle is set to benefit from a refurbishment of around £320,000, transforming the former George Hotel into a premium London-style Irish bar in the heart of Leeds. What would you do with this pub to make it a success?
About the area
Located in Leeds town centre, directly opposite the main hospital, Doherty & Doyle sits in a high-footfall area close to student accommodation, Leeds Crown Court, the police station, the town hall, the medical school and a conference centre. Positioned on a main cycle route into the city centre and surrounded by ongoing regeneration, the pub is well placed to attract passing trade throughout the day and into the evening.
With 7,933 adults within a 10-minute walk and around 1,000 adults passing by every hour, the site has strong local and transient trade potential. The pub has been closed since 2022, so the refurbishment is a chance to reopen it with a fresh identity and reposition it for a broader and more diverse customer base, including younger professionals, after-work socialisers, hospital and court workers, and general walk-ins. The pub is one of only a handful of nearby competitors, with just two named rivals in the area.
The offer
Doherty & Doyle is available on our investment tenancy agreement. Click here for more information on this agreement. Please refer to the 'Refurbishment Details' section for details of the investment being made.
Who we're looking for
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for Doherty & Doyle will have extensive experience in premium wet-led hospitality businesses. They will have a clear vision for a premium drinks offer, a simple sport-led back bar food menu, Irish-themed entertainment, and a marketing strategy that builds strong appeal with passing trade, local professionals and after-work customers, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
The refurbishment of the pub will cover both the interior and exterior. A full list of works and pub floor plan can be found in the Downloads section. The pub's trading area and facilities post refurbishment will be:
Main trading area with bar
Snug area
Separate games and sports zone
66 internal covers
16 external covers
Catering kitchen
HEINEKEN SmartDispense
Pub garden
One-bedroom self-contained private flat with a new kitchen and bathroom
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private accommodation consists of one bedroom, a living room, kitchen and bathroom.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Kitchen
Cask Ale
Outdoor Trade
Live Music
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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